Earnings And Employment From Pay As You Earn Real Time Information, UK - May 2024

14th May 2024

Early estimates for April 2024 indicate that the number of payrolled employees rose by 0.4% compared with April 2023, a rise of 129,000 employees.

This annual increase was largest in the health and social work sector, with a rise of 170,000 employees.

Payrolled employment decreased by 85,000 employees (0.3%) in April 2024 when compared with March 2024; this should be treated as a provisional estimate and is likely to be revised when more data are received next month.

UK payrolled employee growth for March 2024 compared with February 2024 has been revised from a decrease of 67,000 reported in the last bulletin, to a decrease of 5,000; this is because additional real time information (RTI) submissions have been incorporated into the statistics, which takes place every publication and reduces the need for imputation.

Early estimates for April 2024 indicate that median monthly pay increased by 6.9% compared with April 2023.

Annual growth in median pay in April 2024 was highest in the accommodation and food service activities sector, with an increase of 9.2%, and lowest in the professional, scientific and technical sector, with an increase of 4.6%.

Read the full ONS report HERE